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Binance Rolls Out P2P Trading Services, Launches 8th Phase of Lending Program

Cryptocurrency exchange Binance has rolled out its peer-to-peer trading services starting with Bitcoin, Ether and Tether available for trading against Chinese Yuan.

Binance announced that it will initially make the P2P trading function available to Android Version 1.12.1 users who have a Binance account operating for over 30 days, with plans to slowly expand to iOS devices and web interface soon.

The exchange also recently launched the eighth phase of its lending product program, which will run from Oct. 10 to Nov. 10 and operate on a first-come-first-served basis.

The digital assets that will be made available during this period are: Binance Coin, Bitcoin, Binance USD, EOS, Ethereum Classic, Chainlink, Tether, and XRP. Each asset have been set with an individual annual interest rate.

Binance kicked off its lending program in August to help Binance users with idle digital assets to lend their holdings over a certain period and earn interest income in a broader effort to grow their funds.

Monica Monica

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